Remove Bonuses Remove Employee Retention Remove Payroll Audit
article thumbnail

How to Deal With New Hires Earning More Than Current Employees

Hppy

Current employees might become resentful, demotivated, and ultimately more likely to quit their jobs. This affects employee retention as well as the level of expenses: lower productivity due to turnover, recruitment costs, and potentially even reputation damage. This can be a one-time bonus or a small salary raise.

article thumbnail

How to Manage Better the Payroll of Your Employees 

Hppy

Do you want to figure out how you can manage your payroll effectively? From processing paychecks, keeping track of labor laws, maintaining compliance, calculating deductions and bonuses, and tracking all tax-related documentation, payroll is an aspect of business that is fraught with the potential for mistakes. .

Payroll 36